Approved to Register & Operate in the Netherlands

The company will be permitted to supply crypto wallets and enable fiat currency processing in the region. 

Giant Krisz Marszlek looming over a dutch city street.
Created by Gabor Kovacs from DailyCoin
  • The Dutch Central Bank approved’s registration in the Netherlands. 
  • The company will be permitted to supply crypto wallets and enable fiat currency processing in the region. 
  • CEO Kris Marszalek vowed to continue working closely with the Dutch authorities. becomes the latest crypto firm to secure registered approval with the Dutch Central Bank, joining a list of 36 approved crypto-related firms in the region. 

De Nederlandsche Bank (DNB) gave the exchange the green light to offer services in the jurisdiction after a thorough review found its business operations compliant with the Netherlands’ anti-money laundering and terrorism counter-financing regulations.  

Commitment to Ethical Blockchain Progress CEO Kris Marszalek lauded the decision as a win, underscoring the importance of the license in conveying’s enthusiasm to continue working with like-minded regulators worldwide. 

Sponsored will now be permitted to offer crypto-related services to users in the Netherlands, including cryptocurrency wallets and crypto-fiat currency transactions. 

The approval from the Dutch government is the latest addition to the exchange’s registration permits and licenses held across Asia and Europe. The company is registered with Singapore’s Monetary Authority of Singapore (MAS) as a provider of domestic money transfer services, France’s Autorité des Marchés Financiers (AMF) as a Digital Asset Service Provider, and the UK’s Financial Conduct Authority (FCA) as a crypto-asset business. 

Is the Netherlands the New Crypto Hub in Europe?’s official entry into the Netherlands comes after market leader Binance’s recent exit from the region after failing to secure approval from the Dutch Central Bank. 


The Netherlands has been an active landscape for crypto firms recently. Notable companies operating in the country include Coinbase, eToro, and SingularityDAO. 

Without crypt-specific regulation, the Dutch Central Bank uses the ‘Fifth Anti-Money Laundering Directive (5MLD)’ to evaluate a crypto company’s compliance with the ‘Dutch Money Laundering and Anti-Terrorist Financing Act.’

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This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Brian Danga

Brian Danga, a Kenyan crypto reporter, is dedicated to delivering breaking news and updates from the cryptocurrency world. With a background as a Web3 writer and project manager, he recognizes the importance of unbiased reporting. Holding an LLB degree from the University of Nairobi, Brian's analytical skills contribute to his accurate news reporting. His personal interests include cooking, watching documentaries, reading, and engaging in intellectual discussions.